Reliance and Adani announce major investment plans in Gujarat

The Hindu
The Hindu
4h ago
Mukesh Ambani said Reliance Industries will invest ₹7 lakh crore in Gujarat over the next five years, and Karan Adani said the Adani Group will invest ₹1.5 lakh crore in Kutch over the next five years.
Reliance and Adani announce major investment plans in Gujarat
A What happened
Mukesh Ambani said Reliance Industries will double its Gujarat investment to ₹7 lakh crore over the next five years and said Reliance has invested over ₹3.5 lakh crore in the State in the last five years. He said Reliance is building an integrated clean energy ecosystem in Jamnagar and that Jio is building India’s largest AI-ready data centre in Jamnagar. He said Reliance will partner with the Gujarat government to manage the Veer Savarkar Multisports Complex in Naranpura, establish a world-class hospital in Jamnagar, and expand Reliance’s educational institutions. Karan Adani said the Adani Group will invest ₹1.5 lakh crore over the next five years in Kutch, complete the Khavda project, commission 37 GW of capacity by 2030, and double port capacity at Mundra in the next ten years.
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Key insights

  • 1

    Jamnagar positioned as a hub for clean energy and AI infrastructure: Mukesh Ambani said Reliance is building an integrated clean energy ecosystem and Jio is building an AI-ready data centre in Jamnagar.

  • 2

    Corporate support pledged for Gujarat sports and social initiatives: Mukesh Ambani said Reliance will partner with the Gujarat government to manage the Veer Savarkar Multisports Complex and supports bringing the 2036 Olympic Games to Ahmedabad.

  • 3

    Large-scale investment commitments announced by two major business groups: Mukesh Ambani announced ₹7 lakh crore of Reliance investment in Gujarat over five years, and Karan Adani announced ₹1.5 lakh crore of Adani Group investment in Kutch over five years.

Takeaways

Reliance and the Adani Group announced multi-year investment commitments in Gujarat spanning clean energy, AI infrastructure, ports, and social and sports initiatives.

Topics

Technology & Innovation Artificial Intelligence Business & Markets Economy Health & Medicine Healthcare Systems Climate & Environment Energy Transition

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